Category: mizzbfbl

Northern Rock set for sell-off

first_imgMonday 17 January 2011 9:41 pm Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp Share THE government has invited pitches for financial advisers to assist in offloading its stake in the nationalised bank Northern Rock.UK Financial Investments, the body that administers the taxpayer’s stake in bailed-out banks, opened itself up for a “beauty parade of investment banks” yesterday. It said that it is considering a range of options, but most observers think a sale of the Northern Rock “good bank” – as opposed to the “bad bank” privatised last year – is most likely.The “good bank” includes all of Northern Rock’s branches, deposits and IT systems, with estimates that the assets will fetch a price close to £1.5bn.Credit Suisse is thought to be in good standing with UKFI, having handled a lot of government work during the financial crisis.Goldman Sachs has also been cited as a strong contender, but industry sources queried whether it is in pole position given it was dropped as an adviser after a previous deal involving Northern Rock.The sale is likely to attract strong interest from a range of banks which are looking to expand their presence in the UK. Virgin Money, NBVK Investments and National Bank of Australia are all thought to be interested. center_img KCS-content whatsapp Northern Rock set for sell-off by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Tags: NULLlast_img read more

Nasdaq could muscle in on NYSE-DB deal

first_img Show Comments ▼ whatsapp whatsapp KCS-content US stock exchange Nasdaq is mulling a bid for NYSE Euronext, sources said yesterday, in a move that has the potential to scupper NYSE’s $9.5bn (£5.9bn) planned merger with Deutsche Boerse.Nasdaq, which is valued at $5.7bn, is thought to be looking at muscling in on the NYSE deal to avoid becoming a takeover target itself in the ongoing flurry of M&A among global exchanges.Bourses have blamed growing cost pressures and competition from newer platforms for the spate of consolidation.Nasdaq declined to comment. London Stock Exchange chief executive Xavier Rolet, who is currently steering his own exchange through a £4.3bn merger with Canada’s TMX, warned yesterday that the NYSE-Deutsche Boerse deal could face competition hurdles.“There’s going to be big competition issues, because between them, they control 93 per cent of equity and index derivatives in Europe,” Rolet said in an interview.“It cannot be said this is going to be anything but a monopoly, because it will be,” he added.Rolet said M&A is inevitable in the current market. “In five years there’ll be three, four international exchange groups with global distribution capabilities,” he said.The London Stock Exchange’s merger with Canadian operator TMX, which was revealed earlier this month, also came in for criticism yesterday. The head of Ontario’s securities regulator said yesterday it will look closely at the value of the tie-in, echoing the country’s resistance of miner BHP Billiton’s $39bn takeover bid for Potash Corp last year. Ontario Securities Commission chairman Howard Wetson said in a speech: “I can’t define public interest but I sure know it when I see it.”Meanwhile, Chicago Board Options Exchange’s parent said yesterday it was now formally open to “strategic transactions” such as a sale or merger with another exchange operator. Nasdaq could muscle in on NYSE-DB deal Share Wednesday 23 February 2011 8:51 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: NULL last_img read more

Sportingwin launches €1m funding round

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance Should the licence application go through as expected, Sportingwin will become only the fifth licensee in the market. Sportingwin last month revealed plans to launch in Bulgaria and now in the final stages of securing its licence from the National Revenue Agency. 9th February 2021 | By Robert Fletcher Regions: Bulgaria Tags: Sportingwin “We are seeking investment as we want to make sure that we are well capitalised and can deploy our expansion plans efficiently and effectively,” SportingWin’s head of investment and board director, Mark Chakravarti, said. “We have already had considerable interest in our funding round, and I look forward to speaking with potential investors keen to share in what will be a hugely successful journey for SportingWin.”center_img Sportingwin launches €1m funding round SportingWin, which is part of the Sporting Group, would also be the first to roll an exchange betting product in the country through the Betfair Exchange. Online sports betting start-up Sportingwin has opened a new investment round ahead of its planned launch in the regulated Bulgarian market. The Malta-licensed operator will offer up to €1m in equity for investors, with the funds to be used to ensure it has enough capital and is able to build the required infrastructure for operation in Bulgaria. Topics: Finance Sports betting Strategy Online sports betting Subscribe to the iGaming newsletter Email Addresslast_img read more

Dhoni relevant to NDA Government: Amit Shah meets to share achievements

first_img Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… Mahendra Singh Dhoni remains a profitable proposition for political parties, too. The ruling National Democratic Alliance Government in particular. BJP President Amit Shah met Dhoni in the Capital on Sunday to inform the former Indian cricket team captain about Narendra Modi-led NDA government’s achievements and plans.Shah established “sampark” with the celebrity cricketer to seek his “samarthan” as part of BJP’s “Sampark for Samarthan” campaign in run up to the general elections next year. “As part of ‘Sampark for Samarthan’ initiative, met MS Dhoni, one of the greatest finishers in world cricket. Shared with him several transformative initiatives and unprecedented work done by Prime Minister Narendra Modi’s govt in the last 4 years,” Shah posted on his official tweeter handle. Cricket Cricket Cricket Dhoni relevant to NDA Government: Amit Shah meets to share achievements YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndo Previous articlePressure on other Indian batsmen will put Kohli under pressure: Trevor BaylissNext articleMediacorp, ESPN ink strategic digital content collaboration deal Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. TAGSAmit ShahMS Dhoni SHARE Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Facebook Twitter Cricket Also Read: IPL’s richest star MS Dhoni the top Income Tax payer in JharkhandShah’s outreach to Dhoni was the latest in a series of meetings he has had with leading figures from various fields as part of the BJP’s mega public contact drive with Lok Sabha polls less than 10 months away, adds PTI.More than 4,000 functionaries of the party have been asked to get in touch with one lakh people, who are well-known in their fields, to spread the word about the government’s achievements.Shah will himself meet about 25 people, the party had said.The BJP president had started his “sampark for samarthan” drill by meeting former Army chief Dalbir Singh Suhag and ex-secretary general of Lok Sabha Subhash Kashyap on May 29. Since then, he has met industrialist Ratan Tata and actress Madhuri Dixit among others.Also Read: From 23 to 37: 14 years of Brand Dhoni’s commercial journeyShah had said the campaign was aimed at informing people about various government initiatives that resulted in improving their living standards.Union Railway Minister Piyush Goyal and Delhi State BJP chief Manoj Tiwari accompanied Shah for the meeting with Dhoni. WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets WI vs SA 2nd Test Day 3 Live: South Africa in huge trouble; SA 59/6 (22.3 ov)- Follow Live Updates WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start Cricket WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video CricketLatest Sports NewsSports BusinessNewsSportSportstars Share on Facebook Tweet on Twitter Cricket PSL 2021 Eliminator 1 PES vs KAR LIVE: best way to watch Peshawar Zalmi vs Karachi Kings Live Streaming in your country, India, Follow Live update Cricket Football Cricket BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check Latest Sports News RELATED ARTICLESMORE FROM AUTHOR By Kunal Dhyani – August 6, 2018 WTC Final Day 3 Stumps: India remove Conway and Latham but Kiwis on top; NZ 101/2 (49 ovs) trail by 116 runs last_img read more

Afinitas Limited (AFS.bw) 2016 Annual Report

first_imgAfinitas Limited (AFS.bw) listed on the Botswana Stock Exchange under the Investment sector has released it’s 2016 annual report.For more information about Afinitas Limited (AFS.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Afinitas Limited (AFS.bw) company page on AfricanFinancials.Document: Afinitas Limited (AFS.bw)  2016 annual report.Company ProfileAfinitas Limited, list on the Botswana Stock Exchange, is a pan-African investment holding company which operates in three sectors; event management, financial services and asset management. Afinitas Limited is a subsidiary of GCH Investments Limited. Afinitas Limited is an asset management company which provides seed capital for new business development in Botswana. The company is accredited by the Botswana International Financial Services Center (IFSC). Africa Events Limited is a specialist events management division which owns the rights to the Africa Financial Services Investment Conference (AFSIC). This event is held annually in London and is attended by a diverse spectrum of investors, dealmakers and financial services companies that target and service the African continent. Ethiopia Investments Limited is a permanent capital vehicle which was established by EQOS Global, a business process outsourcing company based in Addis Ababa which owns investments and develops new business in Ethiopia.last_img read more

The Barclays share price is now the ‘cheapest’ FTSE 100 stock! I’d buy it

first_imgThe Barclays share price is now the ‘cheapest’ FTSE 100 stock! I’d buy it I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Shares in Barclays (LSE: BARC) have plunged in value over the past few weeks. Investors have been selling the Barclays share price amid the broader market sell-off, fearing a full-blown financial crisis is in the works.However, it looks as if these concerns are overblown at this stage. As a result, now could be a great time to snap up a share in this international lender at a bargain price.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Central banks take actionThe Covid-19 pandemic has put an unprecedented level of strain on the global economy and financial system. The good news is, central banks have acted quickly to contain the fallout.Central banks around the world have unlocked trillions of dollars of funding and liquidity to make sure the financial system holds together in these tough times. So far, these actions seem to be working.This is good news for the Barclays share price. Reduced interest rates and more liquidity will make it easier for the bank to borrow and lend. That should help it weather the current storm and make a healthy recovery.Barclays share price valuationThe actions by central banks suggest the recent Barclays share price slump is a bit excessive. After the recent declines, the stock is trading at just 25% of tangible book value.For some comparison, in the financial crisis the Barclays share price fell to a low around 10% on tangible book value. So Barclays is nearly as cheap as it was back in 2009, even though the risks facing the group are much lower.These numbers infer that while the Barclays share price could fall much further from current levels, the stock offers a wide margin of safety at current levels. If the stock returns to tangible book value, investors could see an upside of 300%.The cheapest stockThat’s why Barclays stands out as one of the cheapest shares in the FTSE 100 right now. There are no other companies that offer more value on a price-to-tangible-book (P/TB) basis. The stock’s 0.25 multiple is the cheapest in the index. The Barclays share price is also cheaper than many of its UK peers, such as Lloyds and RBS.Shares in these two companies are dealing at a P/TB ratio of 0.6 and 0.4 respectively. Barclays’ ratio is just 0.25.While it’s unlikely any of these lenders will escape unscathed from the outbreak, they’re still in a far better position today than they were in 2008/09. That suggests now would be a great time to take advantage of the market’s short-term thinking and buy the Barclays share price.The lender might suffer some further turbulence in the short term. But over the long run, Barclays will continue to hold its position at the top of the UK banking industry. Its transatlantic presence also gives the group an edge over other lenders here in the UK. That deserves a premium, not a discount, to the rest of the sector. Enter Your Email Address Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Barclays. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Our 6 ‘Best Buys Now’ Shares Rupert Hargreaves | Friday, 20th March, 2020 | More on: BARC Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Rupert Hargreaveslast_img read more

Cottage in Sutton / Paul Bernier Architecte

first_img 2013 Architects: Paul Bernier Architecte Area Area of this architecture project Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/899105/cottage-in-sutton-paul-bernier-architecte Clipboard Cottage in Sutton / Paul Bernier ArchitecteSave this projectSaveCottage in Sutton / Paul Bernier ArchitecteSave this picture!© Claude Dagenais+ 19Curated by Fernanda Castro Share ArchDaily “COPY” Save this picture!© Claude DagenaisText description provided by the architects. A mountain cottage for ski weekends, for a family with 2 children. The project simply draws itself through the landscape as a black stroke hurtling down the slope. This axis, heavily marked by the shape of the house, points towards the south as well as Mount Sutton, a view which we wanted to prioritize.Save this picture!© Claude DagenaisRecommended ProductsWindowsAir-LuxSliding Window – CurvedWindowsSolarluxSliding Window – CeroWindowsKalwall®Facades – Window ReplacementsWoodGustafsWood Veneered Wall & Ceiling PanelsSave this picture!Upper Floor PlanSave this picture!© Claude DagenaisThe roof slope is inverted to the site’s topography. Hence, the house has 2 levels to its south end, with wide openings, whereas its north end has a low facade with few openings and is protected by a car shelter. The shelter’s concrete wall also protects the house from runoff waters coming from the mountain, which are heavy during the melting season. The house is completely covered by cedar planks dyed black on its outdoor walls, and white on the inside faces.Save this picture!© Claude DagenaisThe plank siding is displayed horizontally, with a vertical plank corresponding to the position of each of the structural columns inserted in the side walls. Inside, one can see the roof beams supported by these columns which give rhythm to the space. Seen from the road, the green roof is the cottage’s most visible element, the house being downwards. When seen from the north, during summer and winter with its snow cover, the house thus melts itself through the landscape.Save this picture!© Claude DagenaisSave this picture!SectionSave this picture!© Claude DagenaisProject gallerySee allShow lessBIG’s Relocated Serpentine Pavilion Nears Completion in Toronto as Landmark Tower To…Architecture NewsHow to Bring Construction into the FutureArticles Share CopyCabins & Lodges, Houses•Sutton, Canada CopyAbout this officePaul Bernier ArchitecteOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsHospitality ArchitectureLodgingCabins & LodgesResidential ArchitectureHousesSuttonCanadaPublished on August 03, 2018Cite: “Cottage in Sutton / Paul Bernier Architecte” 03 Aug 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldIntegrating Operable Walls in a SpaceGlass3MSun Control Window Film in MarkthalSinkshansgroheBasin FaucetsPaintSTAC BONDComposite Panel Finishes – MetallicsConcreteKrytonConcrete Hardening – Hard-CemSkylightsLAMILUXGlass Skylight FE PassivhausLightsLouis PoulsenOutdoor Lighting – Flindt GardenWindowsVEKAWindows – SOFTLINE 70 ADUrban ShadingPunto DesignPavilion – CUBEDoorsLinvisibileLinvisibile FILO 10 Hinged Door | AlbaWoodHESS TIMBERTimber – GLT BlockGreen FacadesSempergreenLiving Wall – SemperGreenwallMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Area:  2400 ft² Year Completion year of this architecture project Paul Bernier “COPY” Cottage in Sutton / Paul Bernier Architecte Lead Architects: Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/899105/cottage-in-sutton-paul-bernier-architecte Clipboard Year:  Manufacturers: Alumilex, Ecocèdre Canada Collaborators:Anick ThibeaultGeneral Constructor:Pierre Boivin constructionCity:SuttonCountry:CanadaMore SpecsLess Specs Cabins & Lodges Photographs:  Claude Dagenais Manufacturers Brands with products used in this architecture project last_img read more

Trustees steal from cancer charity

Trustees steal from cancer charity Two trustees of a cancer charity for children have been convicted of stealing around £250,000 in public donations to the charity.Deborah Munro and Ian Dyke stole the money from the Hands of Hope Children’s Cancer Fund over a period of 13 months in 1997 and 1998.They will be sentenced in two weeks’ time. Advertisement Howard Lake | 1 March 2001 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  16 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. read more

Nonprofit Open Source Initiative survey results

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. You can view the survey results at NOSI. Use the username “survey” and the password “Y0uRNos1.”NOSI is currently seeking papers that help articulate clearly the different “Open Source” types of licenses/ideologies and their intersection with the non-profit sector.Visit NOSI. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Nonprofit Open Source Initiative survey results Howard Lake | 6 April 2001 | News The results of the first Nonprofit Open Source Initiative (NOSI) in the USA have been released. NOSI has been created “to help facilitate a continuing discussion regarding the role of Open Source software in the Nonprofit sector.”You can view the survey results at NOSI. Use the username “survey” and the password “Y0uRNos1.”The results of the first Nonprofit Open Source Initiative (NOSI) in the USA have been released. NOSI has been created “to help facilitate a continuing discussion regarding the role of Open Source software in the Nonprofit sector.” Advertisement  11 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

On the picket line

first_imgEnd AFL-CIO affiliation with ‘police unions’“We, UAW Local 2865, call on the [AFL-CIO] to end their affiliation with the International Union of Police Associations.” So begins a stirring, long-overdue resolution passed July 25 by the union representing some 13,000 University of California student workers. Titled “Denouncing Police Unions,” the resolution asks, “How can there ever be solidarity between law enforcement and the working class when elites call upon police and their organizations to quell mass resistance to poverty and inequality?” It specifically mentions the needs of Black workers and communities and cites the death of Freddie Grey in Baltimore and the importance of the Black Lives Matter movement.The resolution exposes the role of police unions in lobbying against police accountability legislation, shielding killer cops from prosecution and defending officers’ crimes of racist brutality in court. The resolution takes aim at the institution of policing itself: “Policing in the U.S. has always served the needs of colonialism, racism, and capitalism by protecting the property of those who would steal land and exploit the labor of others.” The full text is at tinyurl.com/q5opgje.The last time UAW 2865 made headlines was in 2014 when it became the first major trade union to endorse the “Boycott, Divestment and Sanctions” campaign against Israeli apartheid, reported in Workers World’s Dec. 28, 2014 edition. (inthesetimes.com, July 27)Verizon negotiations continueDespite $18 billion in profits in the last 18 months, Verizon still insists on slashing job and retirement security, while hiking health care costs by the thousands. Ed Mooney, vice president for Communications Workers District 2-13, representing workers from Pennsylvania to Virginia, said, “We’re not going to walk into a trap set by Verizon. We’ll strike when we think it is the right time to strike, and that is not tonight. The ball is in their court — we are waiting for them to get serious.” (cwa-union.org, Aug. 1) Stay tuned.Postal workers show union strengthContract negotiations between the United States Postal Service and the American Postal Workers Union broke down May 27 as the USPS’ latest “offer” revealed an enormous gulf between management’s interests and those of the workers. Whereas workers and supporters continue to fight for career-quality jobs with living wages and benefits, management’s insistence on cutting wages, eliminating cost-of-living adjustments and outsourcing union jobs forced a stalemate. Federal law requires at least 60 days of mediation to resolve a bargaining impasse.On June 3, APWU President Mark Dimondstein called on postal workers to wear union gear to work every Thursday during the mediation process to show the union’s militancy in the fight for a fair contract: “Postal management pays attention to how many of our members are wearing union buttons, stickers and T-shirts, as well as how many union members are taking part in rallies and other events. They take it as a measure of the union’s strength.” (apwu.org, June 6 and June 12)Stopping wage theftThe New York City Council passed the Car Wash Accountability Act in late June, a law that requires the 200 car washes in the city to be licensed and regulated to prevent wage theft and environmental abuses. Facilities must post a surety bond to ensure workers’ wages. Since “Wash New York” was launched over three years ago, nine facilities in Brooklyn, Queens and the Bronx have won contracts that improved wages; won overtime, benefits and protections; and helped over 1,000 workers win over $4.5 million in back wages and other damages. Wash New York is a collaboration of “Make the Road NY” and “NY Communities for Change,” with support from the Department Store Union (RWDSU). (maketheroadny.org, June 30)Meanwhile, wage theft continues in New York City. Bronx Papa John’s pizza franchise owner Abdul Jamil Khokhar pleaded guilty on July 15 to charges of failure to pay minimum wage and overtime to about 300 current and former employees — amounting to $230,000 in lost wages. This is the first criminal case in the U.S. by a state attorney against a fast food franchise for cheating workers. New York Attorney General Eric Schneiderman said this “sends a loud and clear message to every fast food franchise: if you steal wages you will be held accountable and you can go to jail.” Khokhar was sentenced to 60 days. (amny.com, July 16)FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more